Bitcoin Forum
July 20, 2018, 05:28:19 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Is swiping for every or you have to doing from time to time??  (Read 334 times)
maxocoin
Member
**
Offline Offline

Activity: 95
Merit: 10


View Profile
November 21, 2015, 05:59:44 PM
 #1

Hi,

I have a very old official wallet and I'm thinking about moving to Electrum.

I have a few old addresses that receive money from time to time.

My understanding is that the swiping process will move the bitcoins from the old keys to the new deterministic format.

My question is if this is a "one time process" or if Electrum will keep monitoring the old address  and transfer any new amount that is sent to them...

Cheers
 MC
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1532107699
Hero Member
*
Offline Offline

Posts: 1532107699

View Profile Personal Message (Offline)

Ignore
1532107699
Reply with quote  #2

1532107699
Report to moderator
unamis76
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


View Profile
November 21, 2015, 06:01:04 PM
 #2

This is a "one time process", no monitoring is made. You have to sweep the funds again if you receive more coins on those addresses
shorena
Copper Member
Legendary
*
Offline Offline

Activity: 1470
Merit: 1236


No I dont escrow anymore.


View Profile WWW
November 21, 2015, 06:04:24 PM
 #3

This is a "one time process", no monitoring is made. You have to sweep the funds again if you receive more coins on those addresses

^this ... but you can also create a special electrum wallet by importing private keys. Just "restore" an electrum wallet, but instead of the seed put a list of private keys into the box. This wallet will have no seed, but its a good way to keep a backup of old keys you no longer use that might still receive some keys.
maxocoin
Member
**
Offline Offline

Activity: 95
Merit: 10


View Profile
November 22, 2015, 01:39:22 PM
 #4

This is a "one time process", no monitoring is made. You have to sweep the funds again if you receive more coins on those addresses

Thanks

 MC
maxocoin
Member
**
Offline Offline

Activity: 95
Merit: 10


View Profile
November 22, 2015, 01:41:41 PM
 #5

This is a "one time process", no monitoring is made. You have to sweep the funds again if you receive more coins on those addresses

^this ... but you can also create a special electrum wallet by importing private keys. Just "restore" an electrum wallet, but instead of the seed put a list of private keys into the box. This wallet will have no seed, but its a good way to keep a backup of old keys you no longer use that might still receive some keys.

Nice...

For me the ideal implementation will be to have a key seed on that walled and all the future "change addresses" will generated from that seed.  That combined with prioritize the use of funds from "no seed addresses" will make my "ideal client"

Cheers
 MC
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!